Political Turmoil May End
Gains in Romanian Stocks

Romanian shares have climbed steadily this year after slumping in the second half of 1997, but analysts expect those gains to end as political turmoil comes to a head in coming days.

Observers said the crisis, which centers on the 1998 budget, will end with one of three outcomes: the replacement of Prime Minister Victor Ciorbea, the resignation of the entire cabinet or an early election. They also warn that the dispute will leave...